Anonymous wrote:I would personally NEVER rent a basement because you only need one leak for it to be a nightmare. Make sure your daughter gets renters insurance!

Huh?

I would personally NEVER rent a basement because you only need one leak for it to be a nightmare. Make sure your daughter gets renters insurance!

If she’s renting from a man she can pay with something other than money. Could save her a ton of cash.

I don’t know why anyone thinks corporate o landlords are so quick to fix things or respond to tenant complaints. Tons of people unhappy with corporate landlords that nickel-and-dime tenants and take forever to fix problems (or don’t do it at all).

Agree with above. By 25 my DS had entered into several leases without Mommy & Daddy

Let her learn the life lessons herself. I remember finding my Chicago apt solo my senior year of college. My parents never looked at any of my leases. I’m 40 fwiw. Then I got my first job in Pittsburgh, rented from a slumlord and had to negotiate repairs. I never would have had my parents deal with that.

If it's just for a year, go corporate, knowing they'll be awful once the lease is up. But in the meantime, all the services and maintenance will be taken care of easily. But corporate will absolutely jack up the rent once the lease is up.

A private landlord is more unpredictable. Some are great. Some are awful. Need to use your people skills to be able to read them and figure out if they are good human beings - or not.

I rented for 2 years before buying a house and did private both times. My rent was a bit lower than the apartment complexes in the area.

Landlords won’t always raise the rent if they want to keep you. Good tenants are hard to find. Apartments pretty much always raise the rent every year, it’s less personal for them.

Private is better IF a good person and landlord. They don’t jack up the rent each year since they are usually just grateful to have a good tenant and not to have to go through the gamble again.

Private. If she’s short on cash for rent she can make arrangements.

If OP rents a basement apartment with a private landlord upstairs she should get very good attention because it’s basically the landlord’s own house. I say that as someone who rents out our basement. We are excellent landlords.

Anonymous wrote:Private LL can be weird, skimp on things, be short of cash. Check them out.

+1. I think there's more accountability with a management company and in a large complex you'll usually have a super on-site which is really valuable. Your faucet leaks, you get the guy in there within a few hours. Private landlord? Eh, maybe she'll send the non handyman husband out in 4 to 5 days or so to take a look. That's obviously not always the case (I'm actually a landlord myself and would never!) But it's a distinct possibility and 1) hard to know what the landlord is going to be like before signing 2) basically no recourse if they suck.

Private LL can be weird, skimp on things, be short of cash. Check them out.

What matters more is the actual LL (there are good and bad of both kinds) altho lately the corporate LLs seem to all be sucking so maybe slight edge to taking your chances with a private LL?

My 25 year old daughter is researching place to move out to.
She has it down to 5 places. What are the cons of having a private landlord and or apartment complex?
They are the same price give and take 100$.
One of the places is renting a basement, with a private kitchen and bathroom.